We are using Mifosx 16.01.2 in Our Sacco and We want to create a
Saving/Recurring product, but we tried in Mifosx, it is not working.
And below is the scenario details of the Saving/Recurring Product to be
created:
A Sacco member who has Saving/Recurring Deposit account He/She is eligible
to receive profit (interest) only if every end of the month her account has
not less than shs. 50,000 in a period of Eight months. Since the profits
(Interests) are distributed after eight months. And the interest amount is
between 3% to 8% this depends with the yearly income of the Sacco.
We are not sure if this is supposed to be a saving or a recurring product.
but we tried into both and it did not work.
Can any one help Us how this scenario can be done in mifosx?
We real appreciate for any support!
Basstone!
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